Housing Agency vacant property fund falling short of target | Business Post

  • 📰 businessposthq
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 71%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Number of acquisitions decreased each year due to ‘reducing availability of suitable units from banks and equity funds,’ Department of Housing says. taaffems reports.

The pace of Housing Agency acquisitions has slowed since the fund was established in 2017. Picture: Mark Stedman/RollingNews.ie

The Housing Agency fund created to acquire vacant properties from financial institutions has not reached its target number of acquisitions. The Housing Agency Acquisition Fund was to acquire 1,600 properties by 2020, a target which was extended to 2021, Minister for Housing Darragh O’Brien said in response to a parliamentary last month.Business Post

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines